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Image header Agence Europe
Europe Daily Bulletin No. 10877
EUROPEAN COUNCIL / (ae) economy

EU27 play for time on EMU

Brussels, 28/06/2013 (Agence Europe) - The European Summit has postponed until December any decision about the future of economic and monetary union (EMU).

At the end of last year, the EU27 decided to meet up in June 2013 to decide on a roadmap on boosting the economic, social and political wings of EMU. Apart from the Banking Union, another six months will be needed before any progress is seen. Luxembourg's prime minister, Jean-Claude Juncker, said on Friday 28 June at the end of the...